Global X Defense Tech ETF

The Global X Defense Tech ETF is an equity exchange-traded fund focused on providing targeted exposure to the global defense technology sector. It tracks the Global X Defense Tech Index, which comprises up to 50 pure-play companies whose primary revenues are generated from defense technologies, including advanced military systems, cybersecurity, artificial intelligence, big data, robotics, aerospace hardware, and mission-critical network solutions. The ETF selects companies based on their market capitalization and restricts inclusion to those not significantly involved in non-military firearms or commercial aircraft manufacturing. Holdings are diversified across international and U.S.-based firms, with notable representation from industry leaders such as Palantir Technologies, Rheinmetall, RTX Corporation, and Lockheed Martin. The fund aims to reflect increased governmental demand for next-generation defense capabilities by investing in firms at the forefront of technological innovation within defense. It employs a passive, market-cap-weighted strategy and is rebalanced semi-annually, maintaining a broad equity exposure to sectors like electronic technology and technology services. Through its specialized focus, the Global X Defense Tech ETF serves institutional and individual investors seeking to engage with the evolving landscape of global defense and security solutions.